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Starbucks Plans Corporate Layoffs
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
Starbucks plans to announce corporate layoffs as soon as early March
Niccol noted steps taken in the US and Canada since he took over in September, including the return of the condiment stations, and eliminating the up-charge for alternative milk. It also set a goal to get customers their handcrafted beverage in four minutes or less, and add shifts in over 3,000 stores.
Starbucks plans corporate layoffs
Starbucks Chairman and CEO Brian Niccol, who started in the job in September, said the company needs to reduce complexity among its corporate staff.
11h
on MSN
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it ...
7h
Landus announces layoffs in effort to execute 'bold strategy'
Israeli Prime Minister Benjamin Netanyahu is tapping the brakes on claims of success by President Biden, President-elect ...
12h
on MSN
IU Athletics eliminates 25 positions in layoffs as it braces for NCAA revenue sharing
The Indiana athletics department eliminated 25 positions as it looks to trim 10% of the budget from each of its auxiliaries ...
10h
on MSN
Chicago Reader announces layoffs and CEO exit as alternative weekly struggles to survive as nonprofit
Driven by an “urgent need to reduce costs” and the “imminent risk of closure” amid financial challenges, the Reader announced ...
3h
Nacogdoches company announces dozens of layoffs
RR Donnelley, an integrated communications company, will permanently shut down its location in Nacogdoches “due to changing ...
2d
Did AI Cause Those Layoffs? NY Employers May Have To Disclose.
New York State announced a significant step to address the potential workforce impacts of AI by requiring businesses to ...
12h
on MSN
Dotdash Meredith Cuts 143 Employees in Latest Round of Layoffs
"The media landscape is changing rapidly, and we must change along with it," CEO Neil Vogel says in a memo to staff ...
3d
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the ...
2h
on MSN
Charleroi glass plant workers get a reprieve, layoffs delayed
Employees at Charleroi's 132-year-old glass factory were notified that the plant's closure was delayed, and their layoffs ...
1d
Palo Alto company faces another round of layoffs, axes a CEO
The Business Journal reported in November that the Palo Alto company handed more than 100 employees the pink slip in 2024.
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